Vishay Intertechnology, Inc. (NYSE:VSH) Stock Has Average Price Target of $36.17

Key Points

• Analyst sentiment is moderately bullish: Nine firms have an average “Moderate Buy” rating on Vishay Intertechnology, with an average 12-month price target of $36.17 versus the stock’s $31.86 opening price.
• Vishay reported quarterly EPS of $0.19, beating estimates of $0.15, while revenue rose 16.6% year over year to $918.58 million, above consensus.
• The company pays a quarterly dividend of $0.10, or $0.40 annually, yielding about 1.3%; however, its payout ratio is elevated at 210.53%, and shares recently traded down 2.3%.

Shares of Vishay Intertechnology, Inc. (NYSE:VSH - Get Free Report) have been given an average recommendation of "Moderate Buy" by the nine research firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $36.17.

A number of research firms have issued reports on VSH. Raymond James Financial assumed coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They issued an "outperform" rating and a $40.00 target price on the stock. Weiss Ratings reissued a "hold (c)" rating on shares of Vishay Intertechnology in a research report on Monday, August 24th. Needham & Company LLC assumed coverage on shares of Vishay Intertechnology in a research note on Tuesday, August 4th. They set a "buy" rating and a $45.00 price objective on the stock. Oppenheimer assumed coverage on shares of Vishay Intertechnology in a research report on Tuesday, September 15th. They set an "outperform" rating and a $42.00 target price on the stock. Finally, Wall Street Zen cut shares of Vishay Intertechnology from a "buy" rating to a "hold" rating in a research note on Saturday, September 5th.

Vishay Intertechnology Trading Down 2.3%

Shares of Vishay Intertechnology stock opened at $31.86 on Friday. Vishay Intertechnology has a 1 year low of $11.77 and a 1 year high of $69.47. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27. The business has a 50 day moving average price of $33.31 and a 200 day moving average price of $35.85. The company has a market capitalization of $4.89 billion, a P/E ratio of 167.71, a P/E/G ratio of 3.91 and a beta of 1.80.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.04. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%.The company had revenue of $918.58 million during the quarter, compared to the consensus estimate of $897.03 million. During the same quarter last year, the business posted ($0.07) earnings per share. Vishay Intertechnology's revenue was up 16.6% compared to the same quarter last year. Sell-side analysts anticipate that Vishay Intertechnology will post 0.85 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.3%. Vishay Intertechnology's payout ratio is currently 210.53%.

Institutional Trading of Vishay Intertechnology

Hedge funds have recently added to or reduced their stakes in the business. Carolina Wealth Advisors LLC acquired a new position in shares of Vishay Intertechnology during the 2nd quarter valued at about $32,000. Rakuten Securities Inc. acquired a new stake in shares of Vishay Intertechnology in the second quarter worth approximately $47,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Vishay Intertechnology in the second quarter worth approximately $49,000. Allworth Financial LP purchased a new stake in Vishay Intertechnology in the second quarter valued at approximately $54,000. Finally, EFG International AG purchased a new stake in Vishay Intertechnology in the second quarter valued at approximately $72,000. 93.66% of the stock is owned by institutional investors and hedge funds.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc NYSE: VSH is a global manufacturer of electronic components used in a wide range of electrical and electronic systems. The company's portfolio includes discrete semiconductors and passive components, such as diodes, MOSFETs, optoelectronic devices, resistors, capacitors, inductors, sensors, and transducers.

Vishay's products are designed to support power management, signal processing, sensing, connectivity, and energy conversion applications. Its components are used in automotive systems, industrial equipment, computing and telecommunications hardware, consumer electronics, medical devices, aerospace and defense systems, and renewable energy and other infrastructure applications.

The company was founded in 1962 by physicist and inventor Felix Zandman and is headquartered in Malvern, Pennsylvania.

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